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Micro Finance

THE IMPACT OF MICROFINANCING INSTITUTIONS ON THE LIVELIHOOD OF THE RURAL POOR

By

Abinet Gebrekidan


ADAMA UNIVERSITY
DEPARTMENT OF BUSINESS MANAGEMENT



May, 2006
ADAMA

CHAPTER ONE
INTRODUCTION
Poverty is not uncommon problem of almost all developing countries. Ethiopia is one the leading less developed countries (LDCs) that has been experiencing the bad consequences of poverty. As the result, the socioeconomic crises that occurred in different periods have been beyond what the country could resist. Above 85 % of the population is living on agriculture which is rain fed. The fate of the country¡¦s exports earnings and household consumption directly depend on the performance of agricultural sector. Even though this sector is the mainstay of the economy, it couldn¡¦t fully support the massive dependents in a sustainable way. The natural catastrophes, declining size of land holdings, inadequate supply of farm technologies etc are the factors that......


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Approximate Word Count: 5128
Approximate Pages: 21 (250 words per double-spaced page)

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